Page 3 - Ofs Norms

Axis Bank OFS retail book of 5.8 mn shares receives just 28% subscription

Unsubscribed portion of the OFS will be allotted to non-retail investors

Axis Bank's OFS opens for retail investors today. Should you subscribe?

Nearly all the brokerages retained their 'buy' calls on the stock post results with target prices as high as Rs 925

RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

Centre may sell stake in Rail Vikas Nigam through OFS this month

In October 2020, the government had announced it would sell its 15 per cent stake in the company

Tata Comm OFS: Bids placed for 56 mn shares against 46 mn on the block

The government owns a 26 per cent stake in Tata Communications

Sensex ends 92 pts higher, Nifty near 14,600; SAIL tanks 10%, HAL up 9%

Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%

Antony Waste aims second shot at listing after failure of IPO in March

The company will launch its Rs 300-crore IPO again on December 21 in a price band of Rs 313-315 per share

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS

The stock ended at Rs 1,452, down 10.3 per cent. Analysts said the higher than excepted paper supply by the government weighed on sentiment

GMM Pfaudler says ready to respond to charges on unusual trades during OFS

The stock continues to fall, and is down over 36 per cent since September 15

Retail portion of Bharat Dynamics' offer for sale subscribed 40%

Meanwhile, shares of Bharat Dynamics fell 5 per cent on Wednesday, extending their two-day fall to 18 per cent

Bharat Dynamics shares crash 13% as Centre launches OFS to divest stake

Rs 900-crore share sale gets bids worth Rs 720 crore from institutional investors; retail portion to be auctioned on Wednesday

Govt plans to sell 15-20% stake in IRCTC via OFS in at least 3 tranches

The government plans to sell about 15-20 per cent stake in IRCTC via offer for sale (OFS) and would like to complete the transaction in minimum number of tranches

Sebi allows OFS, rights entitlement transactions during trading window

Under market norms, listed companies need to use a trading window to monitor transactions by designated persons in a bid to prevent insider trading

Street signs: Lacklustre retail demand for OFS, bond sales, and more

Retail investors - those investing up to Rs 200,000 - did not subscribe to all the shares on offer despite arbitrage gains on the table

BSE to sell 4% stake in Central Depository Services through OFS mechanism

The exchange will sell 41.8 lakh equity shares, representing 4 per cent of its stake in CDSL through offer for sale route, according to information available with the NSE

Pawan Hans, 27 other CPSEs get strategic divestment approval: Anurag Thakur

The budget target for disinvestment during 2019-20 has been set at Rs 1,05,000 crore and the government has so far raised Rs 17,364.26 crore

Sebi's new OFS norms come into play for firms with over Rs 10-bn m-cap

Companies with market capitalisation of more than Rs 10 billion can use the OFS mechanism to offload shares